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Market is at a record high #8020642
12/14/23 12:43 PM
12/14/23 12:43 PM
Joined: Dec 2006
Posts: 11,366
East-Central Wisconsin
B
bblwi Offline OP
trapper
bblwi  Offline OP
trapper
B

Joined: Dec 2006
Posts: 11,366
East-Central Wisconsin
Good to see a nice rise in the stock market. Opens up some options for planning.

lBryce

Re: Market is at a record high [Re: bblwi] #8020645
12/14/23 12:45 PM
12/14/23 12:45 PM
Joined: Jan 2007
Posts: 5,011
MD
D
DaveP Offline
trapper
DaveP  Offline
trapper
D

Joined: Jan 2007
Posts: 5,011
MD
So why is Buffett pulling billions out?????

Re: Market is at a record high [Re: bblwi] #8020648
12/14/23 12:49 PM
12/14/23 12:49 PM
Joined: Nov 2023
Posts: 14
Interior AK
S
Smokestack Offline
trapper
Smokestack  Offline
trapper
S

Joined: Nov 2023
Posts: 14
Interior AK
Stocks are overvalued right now. Buffett knows this hence the sale. Bidenomics hasn't just gone away lol


"It is time in the West to defend not so much human rights as human obligations." - Aleksandr Solzhenitsyn
Re: Market is at a record high [Re: bblwi] #8020651
12/14/23 12:52 PM
12/14/23 12:52 PM
Joined: Feb 2011
Posts: 1,025
alberta
S
spjones Offline
trapper
spjones  Offline
trapper
S

Joined: Feb 2011
Posts: 1,025
alberta
Buffet just purchased another 10.5 million OXY the other day,,,

Re: Market is at a record high [Re: bblwi] #8020655
12/14/23 12:58 PM
12/14/23 12:58 PM
Joined: Dec 2006
Posts: 17,660
Rodney,Ohio
SNIPERBBB Offline
trapper
SNIPERBBB  Offline
trapper

Joined: Dec 2006
Posts: 17,660
Rodney,Ohio
Question I always ask when the markets are high or low with anything, fur, crypto, stocks, etc...are the fundamentals there to support it? I dont believe the fundamentals are there for stocks at this time.

Re: Market is at a record high [Re: bblwi] #8020673
12/14/23 01:14 PM
12/14/23 01:14 PM
Joined: Feb 2011
Posts: 1,025
alberta
S
spjones Offline
trapper
spjones  Offline
trapper
S

Joined: Feb 2011
Posts: 1,025
alberta
One thing for certain,,,,,

Bears got crushed this past year!!

Great year!!!!!!!!

Re: Market is at a record high [Re: bblwi] #8020701
12/14/23 02:03 PM
12/14/23 02:03 PM
Joined: Dec 2022
Posts: 4,508
illinois
J
jalstat Offline
trapper
jalstat  Offline
trapper
J

Joined: Dec 2022
Posts: 4,508
illinois
Notice fuel prices are down , feds quit raising interest rates, inflation hasn’t cooled as they say but the super elite don’t want Trump in office. They want the USA ruined by China, illegals, and lack of not producing our own energy. People may be stupid enough to buy into this , correction many people are stupid enough to buy into this bs.

Re: Market is at a record high [Re: bblwi] #8020704
12/14/23 02:05 PM
12/14/23 02:05 PM
Joined: Jan 2018
Posts: 4,585
MN
D
Donnersurvivor Offline
trapper
Donnersurvivor  Offline
trapper
D

Joined: Jan 2018
Posts: 4,585
MN
Land prices seem to be holding or continuing to accelerate here. I'm not sure what effect stock surges may have on that, any insight?

Re: Market is at a record high [Re: Donnersurvivor] #8020718
12/14/23 02:30 PM
12/14/23 02:30 PM
Joined: Mar 2007
Posts: 35,176
McGrath, AK
W
white17 Offline

"General (Mr.Sunshine) Washington"
white17  Offline

"General (Mr.Sunshine) Washington"
W

Joined: Mar 2007
Posts: 35,176
McGrath, AK
Originally Posted by Donnersurvivor
Land prices seem to be holding or continuing to accelerate here. I'm not sure what effect stock surges may have on that, any insight?



Lower rates will have a positive impact on real estate market


Mean As Nails
Re: Market is at a record high [Re: bblwi] #8020722
12/14/23 02:40 PM
12/14/23 02:40 PM
Joined: Feb 2011
Posts: 1,025
alberta
S
spjones Offline
trapper
spjones  Offline
trapper
S

Joined: Feb 2011
Posts: 1,025
alberta
Fuel prices(energy) are down cuz the US is recently back too recorded production,,,,, had Biden kept going with trumps plan instead of trying too appease the green crowd. Fuel prices would of never risen and we wouldn’t of had so much pain,,,,,

Election year coming up,,,,,

The pop yesterday was from them not raising interest rates and suggesting lowering rates possibly this upcoming year,,,,,, good for folks/companies borrowing money/paying debt

Buying land usually means borrowing money,,,,,

Crypto is up because of potential ETF as well as bitcoin halving sometime in the spring.April???maybe March???

The VIX is at 12 ish,,,,,very low

Re: Market is at a record high [Re: bblwi] #8020724
12/14/23 02:43 PM
12/14/23 02:43 PM
Joined: Dec 2019
Posts: 1,746
Iowa
C
CTRAPS Offline
trapper
CTRAPS  Offline
trapper
C

Joined: Dec 2019
Posts: 1,746
Iowa
Some will say the market is up due to Bidenomics.


Life Member: ITA, IBA & NRA. Member of SA, FTA & NTA
Re: Market is at a record high [Re: bblwi] #8020728
12/14/23 02:47 PM
12/14/23 02:47 PM
Joined: Mar 2010
Posts: 5,950
2A Sanctuaries-W. OK & N. NM
Blaine County Offline
trapper
Blaine County  Offline
trapper

Joined: Mar 2010
Posts: 5,950
2A Sanctuaries-W. OK & N. NM
Just enjoy the market going up. It will go down at some point.

Not everything is a reason to complain--especially our investment accounts being higher for the moment.

Re: Market is at a record high [Re: bblwi] #8020732
12/14/23 02:49 PM
12/14/23 02:49 PM
Joined: Feb 2011
Posts: 1,025
alberta
S
spjones Offline
trapper
spjones  Offline
trapper
S

Joined: Feb 2011
Posts: 1,025
alberta
Yes they will say that,,,,,,

Markets are currently also benefiting from trumps tax cuts,,,,which expire in ‘25

Not sure how that’s going to play out,,,,,

But in the meantime,,,

Re: Market is at a record high [Re: bblwi] #8020740
12/14/23 02:57 PM
12/14/23 02:57 PM
Joined: Dec 2011
Posts: 341
Northern KY
H
huntcook Offline
trapper
huntcook  Offline
trapper
H

Joined: Dec 2011
Posts: 341
Northern KY
The bottom could still fall out of it before 5:00 o'clock.


Government making sin legal does not make it right.
Re: Market is at a record high [Re: spjones] #8020744
12/14/23 03:07 PM
12/14/23 03:07 PM
Joined: Mar 2007
Posts: 35,176
McGrath, AK
W
white17 Offline

"General (Mr.Sunshine) Washington"
white17  Offline

"General (Mr.Sunshine) Washington"
W

Joined: Mar 2007
Posts: 35,176
McGrath, AK
Originally Posted by spjones
Fuel prices(energy) are down cuz the US is recently back too recorded production,,,,, had Biden kept going with trumps plan instead of trying too appease the green crowd. Fuel prices would of never risen and we wouldn’t of had so much pain,,,,,

Election year coming up,,,,,

The pop yesterday was from them not raising interest rates and suggesting lowering rates possibly this upcoming year,,,,,, good for folks/companies borrowing money/paying debt

Buying land usually means borrowing money,,,,,

Crypto is up because of potential ETF as well as bitcoin halving sometime in the spring.April???maybe March???

The VIX is at 12 ish,,,,,very low





VIX had an eleven handle a few days ago. Scary !!


Mean As Nails
Re: Market is at a record high [Re: white17] #8020777
12/14/23 03:53 PM
12/14/23 03:53 PM
Joined: Dec 2013
Posts: 14,869
Greene County,Virginia
R
run Offline
trapper
run  Offline
trapper
R

Joined: Dec 2013
Posts: 14,869
Greene County,Virginia
Originally Posted by white17
Originally Posted by Donnersurvivor
Land prices seem to be holding or continuing to accelerate here. I'm not sure what effect stock surges may have on that, any insight?



Lower rates will have a positive impact on real estate market

Thank you for the insight!


wanna be goat farmer.
Re: Market is at a record high [Re: bblwi] #8020789
12/14/23 04:04 PM
12/14/23 04:04 PM
Joined: Dec 2006
Posts: 8,857
Magna, Utah
G
GritGuy Offline
trapper
GritGuy  Offline
trapper
G

Joined: Dec 2006
Posts: 8,857
Magna, Utah
Would not trust it yet to stabilize for any great length of time yet, still have an election coming up !


[Linked Image]

Sorry if my opinions or replies offend you, they are not meant to !

Re: Market is at a record high [Re: bblwi] #8020826
12/14/23 04:58 PM
12/14/23 04:58 PM
Joined: Dec 2010
Posts: 34,926
Central, SD
Law Dog Offline
trapper
Law Dog  Offline
trapper

Joined: Dec 2010
Posts: 34,926
Central, SD
The markets need to dip and gas needs to go up next year people have short memories four more years of this clown show and things will be in the drain.


Was born in a Big City Will die in the Country OK with that!

Jerry Herbst
Re: Market is at a record high [Re: bblwi] #8020837
12/14/23 05:13 PM
12/14/23 05:13 PM
Joined: Dec 2006
Posts: 17,660
Rodney,Ohio
SNIPERBBB Offline
trapper
SNIPERBBB  Offline
trapper

Joined: Dec 2006
Posts: 17,660
Rodney,Ohio
In the SP 500...7 stocks(Alphabet (GOOGL), Amazon.com (AMZN), Apple (AAPL), Meta Platforms (META), Microsoft (MSFT), Nvidia (NVDA) and Tesla (TSLA) )make up roughly 30% of the value and almost 100% of this years returns . Cant say thats good.

Last edited by SNIPERBBB; 12/14/23 05:14 PM.
Re: Market is at a record high [Re: bblwi] #8020874
12/14/23 06:11 PM
12/14/23 06:11 PM
Joined: Apr 2018
Posts: 764
Bush Alaska
victor#0 Offline
trapper
victor#0  Offline
trapper

Joined: Apr 2018
Posts: 764
Bush Alaska
Inflation is still raging at 3-4Xs what the Fed claims. And everyone knows it, including the Fed.



What likely happened was that Powell got a tap on the shoulder reminding him that the US Govt has $7 Trillion about to need refinancing; currently at much, much higher rates...

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